Saudi Aramco Base Oil Company - Luberef SJSC

Common Name
Luberef
Country
Saudi Arabia
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
N/A
Ticker
2223
Exchange
SAUDI STOCK EXCHANGE
Description
Saudi Aramco Base Oil Company, a leading entity in the production of high-quality base oils, plays a critical role within the global petrochemical and petroleum markets. As a subsidiary of Saudi Aramc...

Luberef's GHG Emissions Data Preview

In 2023, Luberef completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Luberef has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Luberef’s Greenhouse Gas (GHG) Emissions Data

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a. Luberef's Sustainability Report 2023
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Insights into Luberef's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Luberef amounted to 1,292,025 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Luberef decreased by 0.92%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Luberef's Scope 1 Emissions Over Time

202220230300 k600 k900 k1.2 MtCO2e-1%
  • Total Scope 1
  • Year-over-Year Change

What are Luberef's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Luberef were 1,102,695 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Luberef's Scope 1 emissions decreased by 1.41%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Luberef's Scope 2 emissions?

In 2023, Luberef reported Scope 2 greenhouse gas (GHG) emissions of 189,330 tCO₂e without specifying the calculation method. a

Has Luberef reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Luberef's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Luberef 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Luberef use for Scope 2 reporting?

In 2023, Luberef reported its Scope 2 emissions using an unspecified methodology. a

Luberef's Scope 2 Emissions Over Time

20222023050 k100 k150 k200 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Luberef’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Luberef reported Scope 1 greenhouse gas (GHG) emissions of 1,102,695 tCO₂e and total revenues of USD 2,530 millions. This translates into an emissions intensity of 435.8 tCO₂e per millions USD. a

Luberef's Scope 1 Emissions Intensity Compared to Peers

2005,000200,0005,000,000200,000,000Scope 1 Emissions (tCO2e)2001,00010,00050,000500,000Revenues (Millions of USD)Qatar FuelYear: 2023Scope 1: 16,675 tCO2eRevenue: $M 7,674Scope 1 Intensity: 2.17 tCO2e/$MWorld KinectYear: 2020Scope 1: 41,600 tCO2eRevenue: $M 20,358Scope 1 Intensity: 2.04 tCO2e/$MTurkiye Petrol RafinerileriYear: 2023Scope 1: 6,503,635 tCO2eRevenue: $M 23,236Scope 1 Intensity: 279.90 tCO2e/$MPetronas DaganganYear: 2023Scope 1: 53,600 tCO2eRevenue: $M 8,172Scope 1 Intensity: 6.56 tCO2e/$MPBF EnergyYear: 2023Scope 1: 10,780,000 tCO2eRevenue: $M 38,325Scope 1 Intensity: 281.28 tCO2e/$MPetronet LNGYear: 2024Scope 1: 264,695 tCO2eRevenue: $M 6,227Scope 1 Intensity: 42.51 tCO2e/$MIRPCYear: 2023Scope 1: 3,160,000 tCO2eRevenue: $M 9,267Scope 1 Intensity: 341.01 tCO2e/$MMarathon PetroleumYear: 2023Scope 1: 33,000,000 tCO2eRevenue: $M 148,379Scope 1 Intensity: 222.40 tCO2e/$MParkland CorpYear: 2023Scope 1: 507,392 tCO2eRevenue: $M 24,513Scope 1 Intensity: 20.70 tCO2e/$MIndian OilYear: 2024Scope 1: 22,000,000 tCO2eRevenue: $M 92,675Scope 1 Intensity: 237.39 tCO2e/$MDelek US HoldingsYear: 2023Scope 1: 2,700,000 tCO2eRevenue: $M 16,917Scope 1 Intensity: 159.60 tCO2e/$MReliance IndustriesYear: 2025Scope 1: 36,459,294 tCO2eRevenue: $M 112,908Scope 1 Intensity: 322.91 tCO2e/$MUltrapar ParticipacoesYear: 2023Scope 1: 43,433 tCO2eRevenue: $M 25,989Scope 1 Intensity: 1.67 tCO2e/$MCastrol IndiaYear: 2023Scope 1: 745 tCO2eRevenue: $M 614Scope 1 Intensity: 1.21 tCO2e/$MValero EnergyYear: 2023Scope 1: 24,900,000 tCO2eRevenue: $M 144,766Scope 1 Intensity: 172.00 tCO2e/$MBharat PetroleumYear: 2024Scope 1: 9,710,000 tCO2eRevenue: $M 53,562Scope 1 Intensity: 181.29 tCO2e/$MIdemitsu KosanYear: 2023Scope 1: 13,487,000 tCO2eRevenue: $M 70,993Scope 1 Intensity: 189.98 tCO2e/$MAmpolYear: 2023Scope 1: 683,969 tCO2eRevenue: $M 21,762Scope 1 Intensity: 31.43 tCO2e/$MS-OilYear: 2023Scope 1: 7,925,000 tCO2eRevenue: $M 27,959Scope 1 Intensity: 283.45 tCO2e/$MMOL Magyar Olaj es GazipariYear: 2022Scope 1: 6,640,000 tCO2eRevenue: $M 26,328Scope 1 Intensity: 252.21 tCO2e/$MLuberefYear: 2023Scope 1: 1,102,695 tCO2eRevenue: $M 2,530Scope 1 Intensity: 435.80 tCO2e/$M

How does Luberef's GHG emissions intensity compare to its peers?

In 2023, Luberef reported a Scope 1 emissions intensity of 435.8 tCO₂e per millions USD. Compared to the peer group median of 176.64, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Luberef rank on GHG emissions intensity within its industry?

In 2023, Luberef ranked 21 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Luberef among the least efficient performers, with one of the highest emissions intensities in its sector. a

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